Located in unincorporated Riverside County the property consists of 244 acres of land. Entitlements for a 1.8 million square foot logistics center were approved by the Riverside County Board of Supervisors in October 2017.
Use of the property as a distribution center is well-suited given the close proximity of the site to the I-10 Freeway, which is less than Â˝ mile away. In addition, there is limited inventory in the immediate area to meet the demand for large distribution warehouse buildings. These elements make the site well positioned to serve as a distribution center for cargo coming out of the Los Angeles and Long Beach ports, the nationâ€™s leading importer of goods (US Department of Transportation).
This property is one of the number of properties that are managed by Shopoff Realty Investments, and owned by closed investment funds. For the remainder of the properties "click here"
This is neither an offer to sell nor a solicitation of an offer to buy any security. An investment in a Shopoff limited partnership involves a high degree of risk, including the possible loss of your investment, and is illiquid with an uncertain liquidity date. Past performance is not indicative of future results. Securities offered through Shopoff Securities, Inc., member FINRA/SIPC.